How Pickering was paid
$14.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Grant E. PickeringChief Executive Officer | $800,000 | $4,300,159 | $8,714,048 | $630,000 | $14,730 | $14,458,937 |
| Andrew GuggenhimePresident and Chief Financial Officer | $620,000 | $1,689,322 | $3,423,387 | $325,500 | $14,730 | $6,072,939 |
| Jim WassilExecutive Vice President and Chief Operating Officer | $600,000 | $1,927,501 | $3,267,740 | — | $14,730 | $5,809,971 |
| Mikhail EydelmanSenior Vice President, General Counsel and Corporate Secretary | $501,000 | $1,075,003 | $2,178,479 | $236,723 | $14,989 | $4,005,935 |
| Harp DhaliwalChief Technical Operations Officer | $495,000 | $998,185 | $2,022,876 | $233,888 | $14,730 | $3,764,679 |
What changed and why
- $14.5MChief Executive Officer total compensation was $14,458,937 for 2025.
- 105%Named executive officers received an annual bonus payout of 105% of target for 2025.
- No one-time or off-cycle awards were granted in 2025 following stockholder feedback.
- 50%Stockholders holding approximately 50% of outstanding stock were met with during enhanced outreach.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.